Dayou A-Tech Co.,Ltd. announced a private placement of 8,009,151 common shares at an issue price of KRW 874 per share for the gross proceeds of KRW 6,999,997,974 on December 19, 2023. The transaction will include participation from new investor Donggang Holdings for 2,288,329 shares, Pureunsan Arboretum Co., Ltd. for 1,716,247 shares, Dayou Sky Co., Ltd. for 1,716,247 shares and individual investors Eunhee Park for 1,144,164 shares and Eunjin Park for 1,144,164 shares. The shares are restricted to a hold period of 1 year.

The transaction has been approved by the shareholders of the company. The transaction is expected to close on December 26, 2023.